Businesses and consumers across New England rely heavily on Canadian imports, raising fears about the trickle down costs of President Trump’s imposition of a 25% tariff. In Massachusetts, Canadian imports were valued at around $10.

There are two main ingredients in cost of building housing: labor and materials. Here in New England especially — where builders have long wrestled with the cost of construction — the 25 percent tariff on Canadian imports instituted this week by President Donald Trump will make the latter even more expensive.

President Donald Trump’s latest tariffs are likely to have some impact on travelers, though it won’t be as immediate or noticeable as in other areas.

Mike Armstrong of Armstrong Advisory Group, based in Massachusetts, said the tariffs would have "sweeping effects on American households," should the tariffs stay in effect for an extended amount of time.

President Donald Trump’s tariffs against Canada and Mexico have gone into effect, with a 25% tax on imports from both countries kicking in at midnight. Canadian energy products are getting a lower 10% tariff.

The tariffs imposed on imports from Mexico, Canada and China by President Donald Trump could have far-reaching consequences for consumers in Iowa.